Securitisation Accountant

Your tasks

You will manage the end-to-end operational, reporting and accounting lifecycle of securitisation programmes, including servicer reporting, waterfall execution, portfolio replenishment, SPV accounting and statutory and regulatory reporting. You will also support management accounting, balance-sheet reconciliations and collaboration with internal and external stakeholders.

Key responsibilities will include

• Managing day-to-day operational activities for securitisation structures, including transaction calendars, deliverables, covenants and compliance checklists
• Preparing and validating monthly servicer and investor reports, portfolio data, arrears, collections, recoveries and performance metrics

• Running monthly waterfall models, calculating allocations, reserves, fees, triggers and credit-enhancement levels
• Preparing payment instructions, coordinating settlement and reconciling cash movements to waterfall outputs

• Supporting portfolio replenishment through eligibility testing, concentration-limit checks, asset-file preparation and exception resolution
• Posting and reviewing SPV accounting entries and reconciling ledgers, bank accounts, receivables, funding balances and intercompany positions

• Coordinating audit and agreed-upon procedures activity, maintaining complete evidence packs and resolving data or reconciliation exceptions
• Supporting statutory, investor and regulatory reporting while strengthening controls, procedures and process improvements

Requirements

Experience required

• Three to six years’ experience in securitisation, structured finance, treasury middle office, financial reporting or a closely related role in a consumer finance or asset-backed funding organisation
• Knowledge of IFRS and UK statutory accounting; SPV accounting and consolidation experience would be advantageous

• Practical exposure to waterfall modelling, cash allocation, servicer reporting, SPV accounting or portfolio eligibility testing
• A degree in Accounting, Finance, Economics or a related discipline; ACA, ACCA or CIMA qualification is preferred, although relevant part-qualified candidates may be considered

• Advanced Excel skills and confidence working with complex data sets, models and reporting templates
• Strong analytical ability, attention to detail and communication skills, with a proactive and organised approach to competing deadlines, controls and issue escalation

Other

We are recruiting on behalf of an established organisation for an experienced Securitisation Accountant to join its Finance team. This permanent role is based in the Coventry area and offers 3 days home working and a salary of up to £50k.

We aim to respond to all applications personally; however, due to the volume of applications this is not always possible. If you have not heard from us within 72 hours, please assume that your application has been unsuccessful on this occasion.